Renewables

Serbia reaches 500 MW quota for wind power

Published

April 27, 2016

Country

Comments

comments icon

0

Share

Published:

April 27, 2016

Country:

Comments:

comments icon

0

Share

The Ministry of Mining and Energy revealed in mid-April it filled the capacity of 500 MW envisaged for electricity from wind turbines. Projects awarded with the temporary status of privileged producers are eligible for subsidies by law, but the government yet needs to adopt the frame for power purchase agreements. Serbia is waiting for a new cabinet to be formed after a general election was held on April 24. Investors have been showing interest in more projects.

The quota includes projects Čibuk 1 by Vetroelektrane Balkana d.o.o. (Continental Winds) of 158.4 MW, Kovačica by Elektrawinds K-Wind d.o.o. of 105.6 MW, and Plandište 1 by Wind park Plandište d.o.o. of 102 MW. The last one is controlled by NIS, Serbia’s flagship oil and gas company, majority owned by Russian Gazprom Neft.

Company Elicio had facilities Alibunar and Malibunar of 42 MW and 8 MW, respectively, accepted within the designated volume through firms Electrawinds-S d.o.o. and Electrawinds Mali WF d.o.o. Three projects managed by venture MK-Fintel Wind a. d. in the list are Košava, with 68 MW, La Piccolina, 6.6 MW, and Kula, the only operational wind farm, of 9.9 MW. However, only 22.6 MW of Košava was included in the quota, while Ram, facility planned for 9 MW, was rejected.

Elicio said it was the first to provide banking guarantee for a large project, Alibunar, and was granted the status of a privileged producer of power. The fact that the 500 MW quota is reached shows that investors in renewables have confidence in Serbia and that it is about time to issue directives regulating the sector so that construction can begin, the company underscored in a statement for Balkan Green Energy News.

“We are very proud that wind park Kovačica, as one of the newest projects, was included in the 500 MW quota, together with the most serious investors, who from the beginning showed dedication in their work and intentions to build,” said Miloš Colić, head of New Energy Solutions d.o.o. (NES), developer of the facility.

Related Articles

montenegro gvozd epcg nordex agreement

Montenegro’s power utility EPCG begins construction of Gvozd wind farm

21 November 2024 - Wind farm Gvozd will be the first large-scale power generation facility to be built by EPCG in more than 40 years

Bulgarian waterworks firm installs in pipe hydropower generator

Bulgarian waterworks firm installs in-pipe hydropower generator

21 November 2024 - A waterworks and sewerage firm in Bulgaria produces electricity using an in-pipe hydropower device in a supply line

serbia solar djedovic zivkovic petka kostolac

Serbia’s solar capacity at 166 MW and rising

20 November 2024 - The solar capacity has increased by almost 24 MW in three months, according to data from the Ministry of Mining and Energy

montenegro france afd loan spajic vukovic

Montenegro signs EUR 50 million loan agreement with France’s AFD

20 November 2024 - AFD will support Montenegro's reforms in waste management, renewable energy, sustainable forestry, and climate action